![Moody's withdraws ratings of China's Evergrande and Kaisa](https://i-invdn-com.investing.com/trkd-images/LYNXMPEI9A0CQ_L.jpg)
© Reuters. FILE PHOTO: The Evergrande Center of China Evergrande Group is seen amid other buildings in Shanghai, China, September 24, 2021. REUTERS/Aly Song
(Reuters) – Moody’s (NYSE:) on Tuesday said it withdrew the ratings of property developers China Evergrande Group and Kaisa Group because of insufficient information.
Moody’s said it also withdrew its ratings on Evergrande’s units – Hengda Real Estate Group Company Limited, Tianji Holding Limited and Scenery Journey Limited.
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